November 7, 2024
Annual General Meeting of JCDecaux SA on 17 May 2018
- Paris
The Combined Annual General Meeting (AGM) of JCDecaux SA (Euronext Paris: DEC) was convened on 17 May 2018.
The AGM approved all the resolutions that were submitted for its vote.
In particular, the AGM:
Following the AGM, the Supervisory Board renewed Mr. Xavier de Sarrau as member of the Supervisory Board and Chairman of the Audit Committee and also renewed Mr. Pierre Mutz as member of the Audit Committee. The Supervisory Board also renewed Mr. Pierre Mutz as member of the Supervisory Board and Chairman of the Remuneration and Appointments Committee.
The Supervisory Board then renewed the terms of all members of the Executive Board for three years and appointed Mr. Jean-Charles Decaux as Chairman of the Executive Board and Mr. Jean-François Decaux as Chief Executive Officer for one year, in accordance with the principle of alternating the position of Chief Executive Officer within JCDecaux SA.
For commercial and public representation purposes, Mr. Jean-Charles Decaux and Mr. Jean-François Decaux use the title of “Co-Chief Executive Officer” of JCDecaux.
The AGM approved all the resolutions that were submitted for its vote.
In particular, the AGM:
- approved the financial statements for the year ending 31 December 2017 and the payment of a dividend of €0.56 per share;
- renewed the terms of three members of the Supervisory Board: Mr. Pierre Mutz and Mr. Pierre-Alain Pariente for one year and Mr. Xavier de Sarrau for three years;
- renewed the terms of the auditors of KPMG S.A. and Ernst & Young et Autres;
- approved the corporate officer remuneration policy and voted in favour of the 2017 remuneration of members of the Executive Board and the Chairman of the Supervisory Board;
- renewed the financial delegations and authorisations granted to the Executive Board, which were due to expire, and the authorisation to buy back shares in the Company up to a maximum of 10% of its share capital at a maximum price of €50 per share and to cancel the shares where relevant;
- renewed the authorisation granted to the Executive Board to proceed with attributions of options of subscription or of purchase of shares and bonus shares within limits and sub-limits for allocation to corporate officers;
- grantedpower to the Executive Board to decide on a capital increase dedicated to employees.
Following the AGM, the Supervisory Board renewed Mr. Xavier de Sarrau as member of the Supervisory Board and Chairman of the Audit Committee and also renewed Mr. Pierre Mutz as member of the Audit Committee. The Supervisory Board also renewed Mr. Pierre Mutz as member of the Supervisory Board and Chairman of the Remuneration and Appointments Committee.
The Supervisory Board then renewed the terms of all members of the Executive Board for three years and appointed Mr. Jean-Charles Decaux as Chairman of the Executive Board and Mr. Jean-François Decaux as Chief Executive Officer for one year, in accordance with the principle of alternating the position of Chief Executive Officer within JCDecaux SA.
For commercial and public representation purposes, Mr. Jean-Charles Decaux and Mr. Jean-François Decaux use the title of “Co-Chief Executive Officer” of JCDecaux.
Key figures
- 2017 revenue: €3,493m*
- JCDecaux is listed on the Eurolist of Euronext Paris and is part of the Euronext 100 and Euronext Family Business indexes
- JCDecaux is part of the FTSE4Good and Dow Jones Sustainability Europe indexes
- N°1 worldwide in street furniture (543,050 advertising panels)
- N°1 worldwide in transport advertising with more than 215 airports and 250 contracts in metros, buses, trains and tramways (356,320 advertising panels)
- N°1 in Europe for billboards (141,630 advertising panels)
- N°1 in outdoor advertising in Europe (672,220 advertising panels)
- N°1 in outdoor advertising in Asia-Pacific (216,290 advertising panels)
- N°1 in outdoor advertising in Latin America (77,190 advertising panels)
- N°1 in outdoor advertising in Africa (26,770 advertising panels)
- N°1 in outdoor advertising in the Middle-East (18,650 advertising panels)
- Leader in self-service bike rental scheme: pioneer in eco-friendly mobility
- 1,074,113 advertising panels in more than 80 countries
- Present in 4,033 cities with more than 10,000 inhabitants
- 13,040 employees
* Restated from the retrospective application of IFRS 15, applicable from January 1st, 2018